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First Theorem Of Welfare Economics
Home›First Theorem Of Welfare Economics›Check Paper-2 Detailed syllabus by chapter with the latest UGC NET 2020 exam template

Check Paper-2 Detailed syllabus by chapter with the latest UGC NET 2020 exam template

By Judy Grier
July 20, 2020
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UGC NET Economics 2020 program: The 2020 NTA UGC NET Exam will be conducted in 81 subjects in online mode to determine the candidate’s eligibility for Assistant Professor and Junior Fellowship (JRF) or Assistant Professor (only) positions at Indian Colleges and Universities . The UGC NET 2020 exam will consist of two papers, namely, Paper-1 and Paper-2. Based on the subject chosen by the candidate, Paper-2 will consist of 100 objective multiple-choice questions (MCQs) of 2 points each.

Check UGC NET 2020 Exam and Admission Card Updates

In this article, we are going to share the detailed UGC NET 2020 Economics Subject syllabus. First, let’s take a look at the NTA UGC NET 2020 Exam Exam Template in Brief:

2020 NTA UGC NET Exam Template

Session

Paper

Number of questions (all are required)

Brands

Duration

Single (no break between paper 1 and paper 2)

I

50

100

3 hours

II

100

200

Total

150

300

Check the Latest Exam Template and NTA UGC NET 2020 Exam Schedule

2020 UGC NET ECONOMIC PROGRAM

Let us examine in detail the Syllabus by chapter of the subject UGC NET Economics:

Unit 1: MICRO-ECONOMY

S. No

Chapters on microeconomics

1

Consumer behavior theory

2

Theory of production and costs

3

Decision making under uncertainty Attitude towards risk

4

Game theory – Non-cooperative games

5

Market structures, competitive and non-competitive balances and their efficiency properties

6

Factor pricing

7

General equilibrium analysis

8

Efficacy criteria: Pareto-Optimality, Kaldor – Hicks and Wealth Maximization

9

Welfare economics: fundamental theorems, function of social welfare

ten

Asymmetric information: unfavorable selection and moral hazard

Practice UGC NET Economics Previous articles with answers

Unit 2: MACRO ECONOMY

S. No

Chapters on macroeconomics

1

National income: concepts and measurement

2

Determination of production and employment: classical and Keynesian approach

3

Consumption function

4

Investment function

5

Multiplier and accelerator

6

Money request

7

Money supply

8

IS – LM model approach

9

Inflation and Phillips Curve Analysis

ten

Business cycles

11

Monetary and fiscal policy

12

The rational expectation hypothesis and its critique

Get Free UGC NET 2020 Study Materials

Unit 3: STATISTICS AND ECONOMETRY

S. No

Chapters on Statistics and Econometrics

1

Probability theory: concepts of probability, distributions, moments, central limit theorem

2

Descriptive statistics – Measures of central tendency and dispersions, correlation, index numbers

3

Sampling methods and sampling distribution

4

Statistical inferences, hypothesis tests

5

Linear Regression Models and Their Properties – BLUE

6

Identification problem

7

Simultaneous Equation Models – Recursive and Non-recursive

8

Discrete Choice Models

9

Time series analysis

Check the UGC NET 2020 preparation strategy

Unit 4: MATHEMATICAL ECONOMY

S. No

Mathematical economics chapters

1

Sets, functions and continuity, sequence, series

2

Differential calculus and its applications

3

Linear algebra – Matrices, vector spaces

4

Static optimization problems and their applications

5

I / O model, linear programming

6

Differences and differential equations with applications

Get the 30 Day Study Plan for the 2020 NTA UGC NET Exam

Unit 5: INTERNATIONAL ECONOMY

S. No

International economics chapters

1

International trade: basic concepts and analytical tools

2

International trade theories

3

International trade under imperfect competition

4

Balance of payments: composition, balance and imbalance and adjustment mechanisms

5

Exchange rate: concepts and theories

6

Foreign exchange market and arbitrage

7

Gains from trade, terms of trade, trade multiplier

8

Tariff and non-tariff barriers to trade; Dumping

9

GATT, WTO and regional trading blocks; Trade policy issues

ten

IMF and World Bank

Click here to download the articles from the previous year of the UGC NET exam

Unit 6: PUBLIC ECONOMY

S. No

Public economics chapters

1

Market failure and remedies: asymmetric information, public goods, externality

2

Market regulation – collusion and consumer welfare

3

Public revenue: fiscal and non-fiscal revenue, direct and indirect taxes, progressive and non-progressive taxation, incidence and effects of taxation

4

Public expenses

5

Public debt and its management

6

Public budget and budget multiplier

7

Fiscal policy and its implications

PRACTICAL simulated test UGC NET 2020

Unit 7: MONEY AND BANK

S. No

Chapters on Money and Banking

1

Components of money supply

2

central bank

3

Commercial Bank

4

Instruments and functioning of monetary policy

5

Non-bank financial institutions

6

Capital market and its regulation

UGC NET 2020 Exam Calendar

Unit 8: ECONOMICS OF GROWTH AND DEVELOPMENT

S. No

Chapters on the economics of growth and development

1

Economic growth and economic development

2

Economic development theories: Adam Smith, Ricardo, Marx, Schumpeter, Rostow, balanced and unbalanced growth, Big Push approach

3

Models of economic growth: Harrod-Domar, Solow, Robinson, Kaldor

4

Technical progress – disembodied and embodied; endogenous growth

5

Economic development indicators: PQLI, IDH, ODD

6

Poverty and Inequalities – Concepts and Measures

7

Social sector development: health, education, gender

FAQ NTA UGC NET 2020

Unit 9: ENVIRONMENTAL ECONOMY AND DEMOGRAPHY

S. No

Chapters on environmental economics and demography

1

The environment as a public good

2

Market failure

3

Coase’s theorem

4

Cost-benefit analysis and compensation criteria

5

Assessment of environmental goods

6

Population theories

7

Concepts and measures: fertility, morbidity, mortality

8

Age structure, demographic dividend

9

Life table

ten

Migration

ELIGIBILITY CRITERIA NTA UGC NET 2020

Unit 10: INDIAN ECONOMY

S. No

Chapters on Indian economy

1

Economic growth in India: model and structure

2

Agriculture: Pattern and structure of growth, main challenges, policy responses

3

Industry: Pattern and structure of growth, main challenges, policy responses

4

Services: Pattern and structure of growth, main challenges, policy responses

5

Rural development – Policy issues, challenges and responses

6

Urban development – Policy issues, challenges and responses

7

Trade: Structure and direction, balance of payments, foreign capital flows, trade policies

8

Infrastructure development: Physical and social; Public-private partnerships

9

Land, labor and capital market reforms

ten

Central Indian State Financial Relations and Finance Commission; FRBM

11

Poverty, inequalities and unemployment

Check the analysis and the threshold of the economic results of UGC NET DEC 2019

For Paper-1, applicants can refer to the links below:

Read also:

Checklist of 935 universities recognized by the UGC whose master’s degree will be valid

Top 21 UGC NET topics

UGC NET 2020 and CSIR NET 2020 Revised Guidelines for OBC Applicants

UGC NET 2020 and CSIR NET 2020 Revised Guidelines for SC Applicants

Applicants are advised to go through the latest UGC NET 2020 exam model mentioned above and the syllabus for economics subjects before doing the preparation strategy.



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